Blog Posts | Page 21

Most commercial renters insurance will cover damages to your business inventory, computers and electronic equipments, furnishings, and damages to the building caused by your business operations. Personal property is generally not covered. Damage from natural disasters or from faulty utilities may not be covered.

While banks and credit unions are similar, certain features or perks may make one stand out to you more than the other. With this information, you can make an informed decision about which type of financial institution is the best fit for you.

A tablet POS system is software that you can install on Apple, Android, and other tablet devices that allows you to take digital payment types, monitor inventory, and more. Tablet POS systems are an affordable way for business owners to set up a countertop register or take mobile sales.

Yes, you need a business checking account. A business bank account is an essential tool just like the internet or your computer, you could run your business without one, but why should you? This protects you legally and helps with taxes. 

You may qualify for an ERC loan if you have a valid and verifiable ERC claim filed with the IRS. In most cases, lenders will not look at factors like personal credit score or business revenue, but this varies based on the company you opt to work with.

Typically, candles do tend to be impulse purchases. But if you know where to find your ideal customers, rotate stock to keep your business interesting, and strategize product launches around seasons when scents are popular, you may find customers coming back again and again to enjoy the results of your ingenuity.

Expensify offers a corporate card that gives you cash back that scales with your level of business spending (up to 4%). Expensify also offers $75K+ in partner business discounts and perks, numerous business software integrations, card controls, spend tracking, bill payment, and a mobile app from which you can manage all of the above.

Owning a laundromat is simpler than many other types of businesses; your greatest responsibilities will be keeping track of your financials, managing customers, and maintaining your equipment. But don’t let the ease of running a laundromat tempt you into becoming an absentee manager, in which case, your business will suffer as a result.

Trying to lower your credit card processing costs is more important than ever, as inflation drives up the costs of goods and services, and credit card interchange fees continue to rise. We discuss the industry averages for credit card processing costs, which can show you how your costs compare to other businesses.

Good business ideas for kids have work that’s easily accessible and usually involves minimal startup costs. Think of ideas like lemonade stands, tutoring, hobby coaching, babysitting, and dog walking.